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Indian River County, Florida
<br />Notes To Financial Statements
<br />Year Ended September 30, 2013
<br />NOTE 13 - LONG-TERM LIABILITIES - Continued
<br />B. Primary Government - Continued
<br />Spring Training Facility Revenue Bonds - Continued
<br />Term Bonds due April 1, 2027
<br />Date Principal Amount
<br />April 1, 2022 $ 305,000
<br />April 1, 2023 320,000
<br />April 1, 2024 340,000
<br />April 1, 2025 355,000
<br />April 1, 2026 375,000
<br />April 1, 2027 390,000
<br />Term Bonds due April 1, 2031
<br />Date Principal Amount
<br />April 1, 2028 $ 410,000
<br />April 1, 2029 430,000
<br />April 1, 2030 455,000
<br />April 1, 2031 435,000
<br />Business -type Activities
<br />Annual Debt Service Payments — Business -type Activities
<br />The annual debt service payments for bonds outstanding at September 30, 2013 are as follows:
<br />Fiscal Year Water and Sewer Water and Sewer
<br />Ending Revenue Refunding Revenue Refunding
<br />September 30 Bonds Series 2005 Bonds Series 2009
<br />Principal Interest Principal Interest
<br />2014 1,605,000 800,650 1,745,000 1,136,800
<br />2015 1,670,000 736,450 1,815,000 1,067,000
<br />2016 1,750,000 652,950 1,905,000 976,250
<br />2017 1,840,000 565,450 2,000,000 881,000
<br />2018 1,930,000 473,450 2,100,000 781,000
<br />2019-2023 8,685,000 931,800 12,180,000 2,221,250
<br />2024 1,340,000 67,000
<br />Total 17,480,000 4,160,750 23,085,000 7,130,300
<br />Less:
<br />Current portion 1,605,000 1,745,000
<br />Add:
<br />Unamortized
<br />bond premium 548,858 1,906,935
<br />Total $ 16,423,858 $ 4,160,750 $ 23,246,935 $7,130,300
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